What the fuck is this clown world nothing makes sense anymore
>>61561573Supply and demand.
>>61561573No, trust in fiat system went up 1,5%. But we know how fiat ends.
>>61561624>No, trust in fiat system went up 1,5%But that is the very definition of insanity
>>61561573>Huge bull run>people cash outWHY IS THIS HAPPENING????!!??you are a retard sorry champ
>>61561624>>61561647not at all what it means. learn how markets work instead of imagining that line goes up forever in a straight line because of magical bullshit
>>61561573They dumped lots of gold on the market to gain liquidity and then they used that liquidity to do the giga nigga tamping.Silver keeps going back up so it was all for nothing.
>>61561573Whoah the price doesn't consistently go up???
>>61561647because that's not what happened. Gold is the last resort, the last asset. To move the market 1.5 percent down, that means huge players had losses to cover and they couldn't liquidate anything else but their highest tier asset because that's all they had left. They all dumped to pay their debts, but gold will go straight back up, they will all be trying to buy it back. Enjoy the info and hope it helps you not panic, but that kind of move is by big players liquidating their gold because they have no other liquidity left. BULLISH NIGGER.
>>61566340Correct, if exaggerated. The fact it's the most valuable, last to go asset is generally true, and especially true for smart money. It peaked, therefore it was an optimal point to sell to cover losses. It is just a small, healthy pullback to return to the baseline slope.
>>61561573How soft do you have to be to come to this board just to make a board like this one? OP sucks dick.
>>61561573Banks had to sell to cover their massively retarded silver short unwind.Likely wasn't all gold, but part of the pile